Kakao Pay to provide payment service to 68,000 merchants with ‘Payment Teacher’

Expectation of synergy with affiliate Paymint’s mobile billing payment service
Receive bills through KakaoTalk notification message and pay with KakaoPay,

[Provided by KakaoPay],
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, “[Herald Economy=Reporter Moon Hye-hyun] KakaoPay announced on the 19th that it will provide payment services to the 68,000 affiliate stores of its affiliate Paymint’s mobile billing payment service ‘Payment Teacher’.”,
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, “With KakaoPay payment now available at all ‘Payment Teacher’ affiliate stores, it is expected that the convenience of ‘Payment Teacher’ users will be further enhanced. In the future, ‘Payment Teacher’ users can click on the bill link sent via KakaoTalk notification message and choose KakaoPay as the payment method for payment. In addition to cards linked to KakaoPay, KakaoPay Money and KakaoPay Points can also be used for payment.”,
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, “Starting with the connection to ‘Payment Teacher’ this time, KakaoPay has stepped up cooperation with its affiliate Paymint to expand into the offline payment market. ‘Payment Teacher,’ the representative service of Paymint, is a non-face-to-face mobile billing payment service that allows payment and settlement without going through an electronic payment gateway (PG). It enables quick and easy sending of bills, real-time notification of cash receipt issuance and payment history. By providing various payment methods including all app cards in Korea and local currencies, it facilitates convenient payment, and with the introduction of KakaoPay payment, it now supports more efficient non-face-to-face payments.”,
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, “‘Payment Teacher’ is gaining attention in the market for its strengths of no additional fees other than bill sending costs, no service joining fees, monthly fees, or contract agreements. It is expanding its affiliate stores into various areas centered around academies, and after surpassing 60,000 affiliate stores in May this year, an additional 8,000 stores have been added in just 4 months. There are plans to expand to hospitals starting with Hanyang University Hospital by the end of the year, so the number of affiliate stores is expected to increase even faster. The cumulative transaction amount has also sharply increased to 2 trillion won, and the goal for this year is to reach a transaction amount of 2.4 trillion won.”,
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, “KakaoPay stated, ‘Starting with this collaboration, synergy with affiliate Paymint in the offline payment market will be fully realized’ and said that it will expand cooperation to ensure that more ‘Payment Teacher’ affiliate stores are connected with more users, and users using ‘Payment Teacher’ have a more convenient payment experience.”
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